On 1 July 2014 Tom bought a machine for $30,000. He depreciates machinery at a rate of 25% per annum on the reducing balance basis. Depreciation is charged on a proportional basis in the year of purchase. His year-end is 31 October. The journal entry to record the annual depreciation of machinery for the year ended 31 October 2015 is O a. Dr Machinery $5 156 Cr Accumulated Depreciation $ 5 156 Ob. Dr Depreciation Expense $5 625 Dr Accumulated Depreciation $ 5 625 O c. Cr Depreciation Expense $ 2500 Cr Machinery $2 500 O d. Dr Depreciation Expense $6875 Cr Accumulated Depreciation $6 875